Garneau-nicon Family Foundation is a 501(c)(3) organization based in North Bend, Washington, registered in 2012, with $9,522,528 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$9.5M
▲ 1820.8% vs prior year
Human Services median: $293K
Expenses (FY2023)
$1.4M
Net assets
$22.1M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Garneau-nicon Family Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Garneau-nicon Family Foundation: 186 mo reserves · +85% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Garneau-nicon Family Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Garneau-nicon Family Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $400K (FY2013) to $9.5M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
85.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$22.1M
Total liabilities
$0
Net assets
$22.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $9,522,528▲1821% | $1,424,042▲222% | $22,128,050▲55.3% | $22,128,050▲55.3% | 990PF |
| 2022 | $495,757▼56.9% | $442,394▲11.9% | $14,246,396▲0.4% | $14,246,396▲0.4% | 990PF |
| 2021 | $1,148,945▼14.9% | $395,292▼62.0% | $14,193,033▲5.7% | $14,193,033▲5.7% | 990PF |
| 2020 | $1,349,917▲1.0% | $1,041,314▼17.5% | $13,427,604▲4.7% | $13,427,604▲4.7% | 990PF |
| 2019 | $1,336,469▼90.3% | $1,261,916▲3.8% | $12,821,637▲0.6% | $12,821,637▲0.6% | 990PF |
| 2018 | $13,839,994▲1284% | $1,216,276▲21.0% | $12,748,168▲9672% | $12,748,168▲9672% | 990PF |
| 2017 | $1,000,000▼9.1% | $1,005,027▼6.7% | $130,450▼3.7% | $130,450▼3.7% | 990PF |
| 2016 | $1,100,000▲10.0% | $1,076,938▲7.4% | $135,477▲20.5% | $135,477▲20.5% | 990PF |
| 2015 | $1,000,000▲66.7% | $1,002,861▲30.7% | $112,415▼2.5% | $112,415▼2.5% | 990PF |
| 2014 | $600,000▲50.0% | $767,360▲45.2% | $115,276▼59.2% | $115,276▼59.2% | 990PF |
| 2013 | $400,000 | $528,478▲3030% | $282,636▼31.3% | $282,636▼31.3% | 990PF |
| 2012 | — | $16,886 | $411,114 | $411,114▲311% | 990PF |
| 2011 | — | $0 | $0 | $100,000 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Garneau-nicon Family Foundation (EIN 27-5137452) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.